HAEMONETICS CORP 4
4 · HAEMONETICS CORP · Filed Oct 27, 2016
Insider Transaction Report
Form 4
Ryding Neil 122-62-507
EVP, Global Manufacturing
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2016-10-25$34.21/sh+14,187$485,337→ 14,187 totalExercise: $34.21From: 2017-10-25Exp: 2023-10-25→ Common Stock (14,187 underlying) - Award
Performance Shares
2016-10-25+6,577→ 6,577 totalExercise: $0.00From: 2019-09-30Exp: 2019-12-31→ Common Stock (6,577 underlying) - Award
Common Stock
2016-10-25$34.21/sh+3,288$112,482→ 17,275 total
Footnotes (3)
- [F1]Restricted Stock Unit Grant which vest 25% per year over 4 years following the grant date. Grant was made under 2005 Long Term Incentive Compensation Plan.
- [F2]Grant to reporting person of right to buy shares of common stock exercisable in annual increments of 25 percent beginning on the first anniversary of the date of grant.
- [F3]Performance Share Units represent a right to receive one share of Haemonetics Corporation common stock for each Performance Share Unit based on the performance of Haemonetics stock price relative to the Total Shareholder Return of the companies comprising a blended index of the S&P MidCap 400 and S&P SmallCap 600. The number of Performance Share Units (and therefore the number of shares payable) will depend on the Company's stock price performance between October 1, 2016 and September 30, 2019. The Performance Share Units disclosed in column 5 represent a target amount. The number of shares ultimately issued could range from none to twice the target amount in column 5. The Performance Share Units were granted under the 2005 Haemonetics Corporation Long-Term Incentive Compensation Plan and are exempt under Rule 16b-3(d).